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Buying vs Leasing: Pros and Cons


Purchasing a new car is kind of a big deal. At our Nissan dealership in NY, we know that and do everything we can to make the process a little bit easier for you. Making the decision to buy or lease can be a hard one, but we are here to simplify the decision. If you find yourself desiring these situations, or avoiding the drawbacks, you know which one is for you. At the end, tally them up and see what works for you.

The Buyer

+ You get to own the car

+ Drive as much as you want

+ Modifications allowed

+ Keep your vehicle as long as possible

+ Gain Equity

- Usually requires a bigger down payment

- Higher Payments than leasing for shorter terms

- Resale value is a tricky gamble

- Negative equity is possible

- May have to stretch out length of loan and add to interest

The Lessee

+ No/very low down payment

+ Monthly payments generally lower

+ Lets drivers switch cars frequently

+ Car usually covered under warranty for repairs

+ Turn in car and walk away

- Having to start over with a new lease or purchase

- Mileage restrictions, if broken there are fees

- Can’t be reckless with your care of the car (required to fix everthing)

- No/little modification to vehicle

- Not building any equity while leasing

- Only good credit scores will qualify for a lease sometimes

Finance Your Nissan At Our Dealership in New York

We have a great finance staff here ready to help you work out any financial solution that is best for you. Our experts address your needs and concerns and are very good at coming up with the perfect answer to your problems. It is our goal to have New York Nissan drivers leave happy. We are here to make your dream ride come true. Whether you have excellent credit or poor credit, we will work through it to give you a tailored solution.

Visit our New York Nissan dealer for more information on some of our great models and to ask about your lease and financing options. You can also check out our finance page on our website to get started at home before you even set foot on our lot. You’ll never regret purchasing from us because it will always be a smooth and fun ride. We’ll go above and beyond your expectations in the end. Buy or lease your very own Nissan today!

Dealer Information
Central Ave Nissan 1919 Central Park Ave. Yonkers, NY 10710 Get Directions
Sunday:
11:00 AM - 5:00 PM
Monday:
9:00 AM - 9:00 PM
Tuesday:
9:00 AM - 9:00 PM
Wednesday:
9:00 AM - 9:00 PM
Thursday:
9:00 AM - 9:00 PM
Friday:
9:00 AM - 6:00 PM
Saturday:
9:00 AM - 6:00 PM
Sunday:
CLOSED
Monday:
7:30 AM - 6:00 PM
Tuesday:
7:30 AM - 8:00 PM
Wednesday:
7:30 AM - 8:00 PM
Thursday:
7:30 AM - 8:00 PM
Friday:
7:30 AM - 6:00 PM
Saturday:
8:00 AM - 5:00 PM
Sunday:
CLOSED
Monday:
7:30 AM - 5:00 PM
Tuesday:
7:30 AM - 5:00 PM
Wednesday:
7:30 AM - 5:00 PM
Thursday:
7:30 AM - 5:00 PM
Friday:
7:30 AM - 5:00 PM
Saturday:
8:00 AM - 5:00 PM
Phone:
Sunday:
CLOSED
Monday:
CLOSED
Tuesday:
CLOSED
Wednesday:
CLOSED
Thursday:
CLOSED
Friday:
CLOSED
Saturday:
CLOSED

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